Onancock Volunteer Fire Department Incorporated

Analysis

Onancock Volunteer Fire Department Incorporated is a registered charity in United States, based in Onancock, VA. It received its IRS tax-exemption ruling in November 2001, 25 years ago. Its declared purposes cover public safety, disaster preparedness and relief, which this site groups under armed forces, emergency and public safety. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Onancock Volunteer Fire Department Incorporated reported income of $791k and spending of $614k, leaving 22% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $301k to $791k (+163%), an average of +27% a year. The sharpest change came in the year to December 2020, when income rose by 178%. Over the whole period it spent 63% of the income it received.

Among 9,128 United States charities whose main cause is armed forces, emergency and public safety and that reported income, Onancock Volunteer Fire Department Incorporated sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 77th percentile within VA. Charities of a similar size with the same main cause include The Volunteer Fire Department of Moscow Idaho Inc ($791k), Energy Sector Security Consortium Inc ($792k) and Red Oak District Volunteer Fire Department Inc ($791k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 68% and program service revenue 28% of the total. At year end it held assets of $2.3m against liabilities of $622k, net assets of $1.7m.